Melanie Baldridge
!ualify as an RE Pro
24 January 2025 | 0 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.
Carlos Ptriawan
The rise of flat fee buyer agent brokerage
21 January 2025 | 20 replies
My job is to submit bid and negotiate only.
Rosalyn Scofield
Searching for home warranty company
4 February 2025 | 2 replies
When something goes wrong, you can find the best contractor for the job, who can make the repairs right away, and now your tenants are happy, and you have minimized the time you would have spent speaking to your tenants about the delay or fighting a warranty company.
Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 replies
The vast majority of contractors won't want to give bids on properties while under contract unless they have a relationship with that person from prior jobs.
Melissa Vass Scott
Canadian Wanting To Invest In The US Market, Is Ohio The Right Fit?
19 January 2025 | 11 replies
Plus, with how much appreciation is coming to Columbus Ohio, that house will easily 2x or 3x over the next few years from all the population/job/companies developing here.Plus, Anduril just announced another 4k jobs and over 1B+ in development in Columbus Ohio along with all the companies already developing here (Intel, Google, Amazon, FB, Nationwide Childrens, etc)
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
Come tax time it becomes fairly easy to run separate reports for each entity or each property for schedule E.
Duarte Marques
Is it possible to get DSCR Loan without credit score and other factors?
2 February 2025 | 9 replies
I'm a recent graduate and I was wondering how can I get access to a DSCR loan without having a credit score, not being an us citizen, now owning a house (some DSCR loans require that you own at least one other house) and not having a job.
Pranav Patel
22 with ~$50K saved up, is it too soon to start?
16 January 2025 | 9 replies
Quote from @Pranav Patel: Hello,I'm 22 years old with roughly $50k saved up through part time jobs and internships.
Jason Weidmann
Looking to start investing in LTR,
31 January 2025 | 11 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Aldo Valeriani
Help Needed: Stop Work Notice in Covington, GA for Fix-and-Flip Property
29 January 2025 | 3 replies
Then he is going to hire subcontractors to do the job and you are going to pay them for that work as well.